Question

5. When using the
economic order quantity model:

ordering costs increase as the level of inventory increases.
carrying costs decrease as the level of inventory increases.
costs are minimized when total carrying costs and total ordering
costs are equal.
none of these.

7.Which of the following yield curves would be
characteristic during a period of high economic growth?

Upward sloping
Downward sloping
Horizontal
Humped

8.The concept of a self-liquidating asset implies
that:

the working capital associated with a product will be liquidated
within a one year period.
all the product will be sold, receivables collected and bills paid
over the time period specified.
assets associated with the production of a product will be
liquidated over the depreciable life of the assets.
self-liquidating assets be financed by long-term sources of
capital.